The success of any business, especially those with turnover up to $50 million, depends on having robust systems and processes. Too many privately owned companies have grown to where they are now through the drive and street smarts of the founders. You cannot ensure continued success without robust systems driving the behind-the-scenes operations and administration wheels. I recently meet with a successful agribusiness operator who is trying to be all things to all people and its all in his head. Finally understood he needs systems and processes to allow him to focus on what he does best. I challenge every business owner to conduct a review on where they are now and identify what they need to change to get to where they want to be in the future.
AuthorBill Winter is a renowned family business advisor and facilitator of the hard to have family succession conversations. Archives
March 2021
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